Given below are two statements:
Statement I: According to R.C. Dutt, the Home charges in 1901-02 included the 'Interest on Debt and management of Debt'.
Statement II: According to R.C. Dutt, the Home charges in 1901-02 included the Military charges (including pensions)
In the light of the above statements, choose the most appropriate answer from the options given below:
1
Both Statement I and Statement II are correct
2
Both Statement I and Statement II are incorrect
3
Statement I is correct but Statement II is incorrect
4
Statement I is incorrect but Statement II is correct